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Retail sales jump 1.7% in October, beats 1.5% estimate

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CNBC’s Rick Santelli and Steve Liesman join ‘Squawk Box’ to break down the latest October retail sales data. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi U.S. shoppers accelerated their level of spending in October even as the prices of goods jumped at their fastest pace since the 1990s, the Commerce Department reported Tuesday.

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